4804-311 Bay Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13210808

$1,825,000
For Sale
Listed 56 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1800-1999Sq Ft

About this home

Elegance And Opulence Awaits You At The St. Regis Residences. Welcome To Suite 4804, A Beautifully Appointed And Meticulously Maintained 2 Bedroom, 2 Full Bathroom Corner Suite. This Is A Unique Opportunity To Purchase A FULLY FURNISHED Suite. This Is The Highest Floor This Layout Is Offered - Coveted Corner Suite Is Perched High Above The Bustling Streets Of The Financial District - Spanning Just Shy Of 1,900 SF. Offering The Building's Highly Sought After South Exposure With Sweeping Lake & City Views. Recently Renovated With New Wide Plank Flooring & Fresh Paint Throughout. Open Concept Living & Dining Rooms Are An Entertainer's Dream - 10.5 Ft Coffered Ceilings, Wainscotting, & Designer Finishes. Generously Sized Primary Bedroom Retreat Offers Double Closets & Spa-Like 6pc. Ensuite With Large Free Standing Soaker Tub. All Light Fixtures & Window Coverings Included. Chefs Kitchen Offers B/I Miele Appliances, Downsview Cabinetry, & Eat In Breakfast Area. 1 Locker Included. Enjoy Daily Access To Five Star Hotel Amenities: 24Hr. Concierge, Spa, Indoor Salt Water Pool, Sauna, State Of The Art Fitness Centre, Valet & Visitor Parking, As Well As The Private Residential Sky Lobby & Terrace On 32nd Floor.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13210808
Bedrooms
2
Bathrooms
2
Size
1800-1999
Cross streets
Bay & Adelaide
Parking
1 garage (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$3,439/mo
Exposure
South East
Property tax
$13,370 / 2026
Days on market
56
Listing brokerage
PSR

Rooms

BreakfastMain0.00 × 0.00 m

breakfast area · marble floor · large window

Living RoomMain0.00 × 0.00 m

coffered ceiling(s) · fireplace · hardwood floor

Utility RoomMain0.00 × 0.00 m

stone floor · laundry sink · wainscoting

Dining RoomMain0.00 × 0.00 m

combined w/living · large window · hardwood floor

FoyerMain0.00 × 0.00 m

large closet · marble floor · wainscoting

Bedroom 2Main0.00 × 0.00 m

hardwood floor · large closet · large window

KitchenMain0.00 × 0.00 m

b/i appliances · modern kitchen · stone counters

Primary BedroomMain0.00 × 0.00 m

6 pc ensuite · hardwood floor · his and hers closets

Our TakeTeam Asgarian · Broker
Above comparables
$1.68Mest. value

Listed at $1,825,000, and my independent estimate is about 8% above what comparable homes suggest.

In Bay Street Corridor lately, sellers get about 96% of asking; homes sell in ~36 days.

List price
$1.67MGreat deal$1.82MOverpriced

Total price vs nearby homes. Fair value about $1.68M, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.81M, a close match.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($961/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bay Street Corridor · asking prices
$1.88Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

5907-388 Yonge Street$1.35M3509-180 University Avenue$2.28M5016-386 Yonge Street$1.15M6108-7 Grenville Street$1.25M1002-1166 Bay Street$3.39M

The 5 closest active listings nearby.

See all comparable homes
1.82MThis home1.35M2.28M1.15M1.25M3.39MThis home vs active comparables
Live market pulseActive comparables in Bay Street Corridor · median list $589K
$961this home / sqft
86active listings nearby
56days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 13% below the area average of $1,105/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bay Street Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$611K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K
Mimico
$524K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.3 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$8,318/mo
$422KIncome needed
4.3×Price ÷ income
$1,919Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

65%mortgage
Mortgage $8,318Property tax $1,114Condo fee $3,439Total carry $12,871

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,791per month

Mortgage amount $1,460,000 · 4.14% over 25 years

$365,000Down payment (20.0%)
$1,460,000Loan before insurance
$0CMHC premium
$12,344Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,791
Property tax
$1,114
Condo / maintenance fees
$3,439
Heating
$0
Estimated monthly cost
$12,344

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$32,975
Toronto municipal land transfer tax
$32,975
Estimated closing costs
$65,950

Plus your down payment of $365,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,463/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$877,331Total interest paid
$2,337,331Total of all payments
Principal $1,460,000 Interest $877,331
YearPrincipalInterestBalance
1$34,203$59,290$1,425,797
2$35,633$57,860$1,390,164
3$37,124$56,369$1,353,040
4$38,677$54,816$1,314,363
5$40,295$53,199$1,274,069
6$41,980$51,513$1,232,089
7$43,736$49,757$1,188,353
8$45,565$47,928$1,142,787
9$47,471$46,022$1,095,316
10$49,457$44,036$1,045,859
11$51,526$41,968$994,333
12$53,681$39,812$940,653
13$55,926$37,567$884,726
14$58,266$35,228$826,461
15$60,703$32,790$765,758
16$63,242$30,251$702,516
17$65,887$27,606$636,629
18$68,643$24,850$567,986
19$71,514$21,979$496,471
20$74,506$18,988$421,966
21$77,622$15,871$344,344
22$80,869$12,624$263,475
23$84,252$9,242$179,223
24$87,776$5,717$91,447
25$91,447$2,046$0

At the end of your 5-year term

Total paid over the term
$467,466
Principal paid down
$185,931
Interest paid
$281,535
Balance remaining
$1,274,069

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,100/mo
$73,200Gross annual rent
0.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $13,370− Condo fees $41,265− Insurance $600− Vacancy & upkeep $8,052Net operating income $9,913

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PSR. MLS®/PropTx.

CallRequest a showing